Answer:
Direct labor rate variance= $8,320 favorable
Explanation:
Giving the following information:
Standard costs 7,000 hours at $11.40 Actual costs 6,400 hours at $10.10
<u>To calculate the direct labor rate variance, we need to use the following formula:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (11.4 - 10.1)*6,400
Direct labor rate variance= $8,320 favorable
Answer:
Yes, the price discrimination will be successful.
Explanation:
According to the definition of elasticity of demand we can conclude that adults value more the consumption of lemonade, for that reason are willing to pay a higher price than kids, which has a larger portfolio of beverage to choose.
Answer:
The correct answer is letter "B": incentives.
Explanation:
Incentives are bonuses typically in the form of money that top executives receive in the organizational architecture. These are provided after managers' outstanding performances and aim to motivate them to continue performing as well or even better. In some cases, managers distribute part of the incentives among their work teams to boost employees' morale.
Answer:
C) Yes: The one-week measures show demand is elastic, so a price increase will reduce revenues.
Explanation:
The error that the Manager did was to under-estimate the principles of elasticity of demand that posits that increase in price is inversely proprtional to demand. Perhaps, she also overrated the quality of their services without given thoughts to the presence of competition and customers’ decisions in a competitive market.
The survey carried out was a proof of the fact that price increase had an inverse effect on the demand for the services, as was shown by the rate of decline in the number of customers who enrolled in Verizon's cellular plans especially in those states where they had the best of customers’ loyalty.
The correct answer for the question that is being presented above is this one: "D. relate to inflation in other countries." Globalization increases the interdependency of the world's countries. Inflation in one country would most likely <span>relate to inflation in other countries.</span>
Here are the following choices:
<span>A. not impact inflation in other countries
B. cause deflation in other countries
c. result in stagflation in other countries
D. relate to inflation in other countries</span>
